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Home appraiser dropped the ball?

I am getting a Rural development loan on a bank owned foreclosed home. I paid $300 for an appraisal through the lender. I call the bank about 3 weeks from closing ask if everything is going good, they tell me it is, and all they are waiting on is the appraisal. I call 2 times a week for the next 3 weeks about whether or not the appraisal came through. Finally it goes through underwriting. So the day before closing the lender needs an extension. Fine, we get another week. The next week they need ANOTHER extension. Fine, we get another week. After the 2nd extension they inform me the next week they need ANOTHER extension. Fine we get another extension. The next week, guess what? ANOTHER EXTENSION is needed. Finally I ask what is going on??? They told me the appraiser still needed to go BACK to the house and inspect the attic and crawl space! WTF?! Why didn't he do it the month prior when he was there!? Im so frustrated, the seller will not take a 5th extension, I know it. Is there anything I should do at this point? The appraiser is SUPPOSE to go back to the house today and finish his “appraisal”. The new closing date for the 4th extension is next friday, 1 week from today, the 26th of March. Is this gonna go through or am I screwed? If I am screwed, can I get my $300 appraisal back for him dropping the ball AND my ernest deposit (which was contingent upon me getting financed through the bank)? Any input here on my options would be great. Beating the Appraiser to a bloody pulp is not an option right now.

Click Here to Learn how to park or have your real estate license held or warehoused by a leading Ontario Brokerage and save your license and money

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